11.18 billion dollars of XRP trading volume, is the price ready for reversion?


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Various coins are bleeding in red in the broader cryptocurrency market, most of them decreased below critical support levels. Xrp Follow the same path, losing about $ 0.43 over the past 24 hours of trading activities.
XRP trading volume increases amid low prices
However, the XRP trading volume increased during the same period, supported by the renewal of investor’s attention. According to CoinmarketCap DataThe interest in XRP increased by 265.68% to $ 11.18 billion.
This increase indicates that the market participants are still optimistic about the future view of the distinctive symbol. Analysts say this indicates that many investors benefit from the slight decrease in the price to collect the currency before it is fresh.
Financial experts insist that XRP, which lost up to 10 % of its price, may have started a recovery journey. It is worth noting that XRP decreased to a low level of $ 2.71 in previous trading before it rises to its current levels, driven by the interest of the market.

Some stakeholders still hope that if the original maintains the current momentum and regains $ 3.25, the mark of $ 4 may be re -tested.
XRP reached its highest level ever at $ 3.84 seven years ago. Since then, penetration of this level has become difficult for the currency. However, with this sign less than 30%away, expectations have increased about the possibility of this happening again.
Ripple CEO addresses society amid a strategic reserve discussion
At the same time, the XRP community is looking for the latest developments Brad GarlinghyusCEO of Ripple. Garlinghyus is scheduled to deliver a speech to society at X Spaces on January 28, where he will reveal his vision for 2025.
Ripple is paid to insert XRP in The strategic reserve of encrypted currencies in the United States It sparked hot controversy in the broader cryptocurrency industry. Many consider this step a bad idea for the encrypted currency industry.
Ryan Cillekes, the founder of Massari, was one of the leaders who moved against the plan. According to Cillecies, Bitcoin is the only cryptocurrency that is widely accepted and deserves a strategic reserve.
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2025-01-27 17:25:00